Affordable Spousal Support

Case Study:Affordable Spousal Support

Facts:A husband, who plans on retiring in 5-7 years, wants to divorce his wife of 31 years. He is concerned about having to continue giving his wife a large spousal support payment once he is retired when his income will be substantially reduced.

Action:We discussed his options and advised him as to the most cost-effective plan.

Result:The husband agreed that it was better to frontload the wife’s spousal support payments so that he was paying her a substantially higher amount for four years, and then a substantially reduced amount during his retirement.